Korean Local Cards - BETA
This payment method is currently available in beta testing program. Please reach out to your Airwallex account manager or [email protected] if you'd like to join the beta.
Gain access to shoppers with Korean cards
Locally issued cards are well-known and trusted as a payment method in South Korea. The payment method provides a full redirect to our partner’s Hosted Payment Page, where shoppers can choose their issuing banks. Acquiring with all issuers in South Korea is possible.
Payment method properties
| Features | Korean Local Cards |
|---|---|
| Payment type | Cards |
| Available for businesses registered in | AU, SG, HK, EU, UK, US |
| Activation time for onboarding | 7-14 days |
| Shopper regions (typically used by payers from) | KR |
| Processing currencies | KRW |
| Settlement currencies | Will be settled in your default settlement currency. |
| Settlement schedule | 8 business days |
| Minimum transaction amount | 100 KRW |
| Maximum transaction amount | Depending on shopper’s credit and issuer limits |
| Session timeout | 30 minutes |
| Recurring Payment | ⛔ |
| Refunds | ✅ |
| Partial Refunds | ✅ |
| Disputes (chargebacks) | ✅ |
| Placing a hold (delayed/manual capture) | ⛔ |
| Descriptor (what the payer will see in their transaction history) | Your registered business name |
| Payments for Platforms support | ✅ |
Choose the integration method that best suits your needs
Airwallex has built a range of client-side integration methods that allow you to manage your UI, minimize your implementation effort, and allow you to get to market quickly.
| Online payments via your own website/app | Online payments via ecommerce plugins | Payment links & Invoice Integrations |
|---|---|---|
| ✅ Hosted Payment Page ✅ Drop-in Element ✅ Embedded Elements ✅ Mobile SDK ✅ Native API ⛔ Subscription APIs | ✅ Shopify ✅ WooCommerce ⛔ Shopline ⛔ ShopLazza ⛔ Magento | ✅ Payment Links ⛔ Xero Invoice |
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